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If we are given the sales and cost of sales on the debtors ledger.. which one do we post?
Anonymous
Feb 22
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#finance
#accounting
If we are given the sales and cost of sales on the debtors ledger.. which one do we post?
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Feb 22
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You would typically post the sales on the debtors ledger. The cost of sales would be recorded separately in the company's accounting records, such as in the cost of goods sold account.
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